Habit Restaurants Inc (NASDAQ:HABT) has been assigned an average rating of “Hold” from the nine analysts that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $16.17.

A number of research analysts have recently commented on the company. BidaskClub cut Vertex Pharmaceuticals from a “buy” rating to a “hold” rating in a research report on Tuesday, July 9th. Zacks Investment Research cut ExlService from a “hold” rating to a “sell” rating in a research report on Wednesday, July 10th. Maxim Group reaffirmed a “buy” rating and set a $315.00 price target (up previously from $305.00) on shares of Domino’s Pizza in a research report on Wednesday, April 24th. Wedbush reaffirmed a “buy” rating on shares of Liquidia Technologies in a research report on Thursday, May 2nd. Finally, ValuEngine raised USINAS SIDERURG/S from a “sell” rating to a “hold” rating in a research report on Wednesday, May 29th.

HABT stock traded up $0.10 during midday trading on Tuesday, hitting $10.12. The company’s stock had a trading volume of 172,487 shares, compared to its average volume of 235,899. The company’s 50-day moving average is $10.14. The company has a current ratio of 0.64, a quick ratio of 0.61 and a debt-to-equity ratio of 1.03. Habit Restaurants has a 1 year low of $9.60 and a 1 year high of $18.30. The stock has a market cap of $264.22 million, a PE ratio of 67.47, a price-to-earnings-growth ratio of 3.75 and a beta of 1.01.

Habit Restaurants (NASDAQ:HABT) last posted its quarterly earnings data on Wednesday, May 1st. The restaurant operator reported ($0.01) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.04) by $0.03. Habit Restaurants had a return on equity of 2.72% and a net margin of 0.47%. The business had revenue of $108.20 million for the quarter, compared to analysts’ expectations of $105.51 million. During the same quarter in the previous year, the firm earned $0.01 earnings per share. The business’s revenue was up 17.7% on a year-over-year basis. Research analysts expect that Habit Restaurants will post 0.14 earnings per share for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the company. BNP Paribas Arbitrage SA lifted its holdings in Habit Restaurants by 512.6% during the 1st quarter. BNP Paribas Arbitrage SA now owns 4,239 shares of the restaurant operator’s stock worth $46,000 after purchasing an additional 3,547 shares in the last quarter. Metropolitan Life Insurance Co. NY increased its stake in Habit Restaurants by 356.5% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 7,158 shares of the restaurant operator’s stock worth $75,000 after acquiring an additional 5,590 shares during the last quarter. Macquarie Group Ltd. bought a new position in Habit Restaurants in the 4th quarter worth about $100,000. Stephens Inc. AR bought a new position in Habit Restaurants in the 1st quarter worth about $130,000. Finally, Stifel Financial Corp bought a new position in Habit Restaurants in the 4th quarter worth about $132,000. 63.64% of the stock is currently owned by hedge funds and other institutional investors.

Habit Restaurants Company Profile

The Habit Restaurants, Inc, a holding company, operates and franchises fast casual restaurants under The Habit Burger Grill name. It specializes in offering made-to-order char-grilled burgers and sandwiches featuring choice tri-tip steak, grilled chicken, and sushi-grade tuna cooked over an open flame; and salads, as well as sides, shakes, and malts.

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